AllDigital Announces Hiring of Chief Operating Officer and Ultra Low Latency
("ULL") Strategic Initiative
IRVINE, Calif., Jan. 9, 2014 (GLOBE NEWSWIRE) -- AllDigital (OTCBB:ADGL),
recently recognized as one of Streaming Media Magazine's "Streaming Media
100," which honors the most innovative and influential companies in the online
video industry, has announced the addition of a new member to its executive
team – Brad Eisenstein, Chief Operating Officer (COO). Brad will oversee all
aspects of AllDigital's operations and administrative functions.
"Brad brings deep sales, operations, and finance experience to AllDigital, and
he has a successful track record of helping companies like ours execute
against high growth initiatives," said Paul Summers, Chairman and CEO of
AllDigital. "By splitting the roles of CFO and COO, we are well positioned to
scale and execute against our strategic initiatives. As a consultant, Brad
recently negotiated and closed the largest sales contract in AllDigital's
history. I'm excited to work again with Brad, who has a proven track record of
success, vision, and a contagious amount of positive energy."
"I'm honored to partner again with Paul Summers and the AllDigital team on
another venture at a time when the Company is taking a strong leadership
position in the rapidly evolving space of digital broadcasting," said Brad
Earlier, Brad served as Director of Sales Operations - Enterprise Hosting for
XO Communications, and he has served multiple high growth, private equity
backed companies as CFO. He started his career asan auditor with Arthur
Andersen LLP. Brad earned his B.S. degree in Accounting from University of
Southern California, and his M.B.A. degree from the Paul Merage School of
Business at University of California, Irvine.
From a strategic perspective, AllDigital is currently focused on developing a
breakthrough content delivery platform that will dramatically decrease latency
for data delivery of multiple forms including video, audio, and other forms of
"twitch" sensitive media such as push notifications, beacons, and synchronized
events among connected devices. If latency is reduced to levels that are
faster than cached data transport models, AllDigital anticipates new
addressable markets for IP digital media delivery including advertising,
interactive television, financial events, medical, government, robotics, and
other time critical applications.
"Based on customer requirements for ultra low latency ("AllDigital ULL")™
digital broadcasting solutions, we have put together a team of content
delivery experts to solve this exciting technical challenge," said Paul
Summers. "We expect that AllDigital ULL will provide our customers with a
better than broadcast experience."
AllDigital will be at the Consumer Electronics Show in Las Vegas from January
7^th – 9^th. For more information, please visit www.alldigital.com.
Copyright ©2014, AllDigital, Inc. All rights reserved. All marks are the
property of their respective holders.
About AllDigital Inc.
AllDigital Inc. offers secure digital broadcasting solutions across multiple
devices including mobile, desktop and digital television. The Company's
proprietary AllDigital Cloud platform provides high-speed data transfer,
scalable storage, encoding / transcoding, VoD, linear programming, and real
This release may contain forward-looking statements as well as historical
information. Forward-looking statements, which are included in accordance with
the "safe harbor" provisions of the Private Securities Litigation Reform Act
of 1995, may involve risks, uncertainties and other factors that may cause
AllDigital's actual results and performance in future periods to be materially
different from any future results or performance suggested by the
forward-looking statements in this release. These risks and uncertainties
include, without limitation, the risks that AllDigital may be unable to
complete development of a lower-latency delivery system and, even if such
system is developed, it may not perform as expected when deployed and/or
AllDigital marketing efforts may not benefit from the development of
implementation of the lower-latency system.In addition, other risks are
identified in the Company's most recent Annual Report on Form 10-K and
Quarterly Report on Form 10-Q filed with the SEC. Such forward-looking
statements speak only as of the date of this release. The Company expressly
disclaims any obligation to update or revise any forward-looking statements
found herein to reflect any changes in company expectations or results or any
change in events.
For more information on AllDigital, please visit http://www.alldigital.com/.
CONTACT: Email: email@example.com
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